on the other side of the balance sheet, the tax side, i do believe we should let the bush tax cuts expire, as planned. >> we do need to balance. there needs to be cuts made in federal spending and we need to grow the economy. there are a variety of things i think off the bat what ought to be cut is and repeal asked replaced -- and replaced is obama care. that will save over $1 trillion. >> the two former virginia governors have been running neck and neck, but tim kaine appears to have taken a lead. >>> new polls out in the presidential race confirming the fight for the white house is tightening. as fox's doug luzader tells us, with four weeks to go before the election, both are coming out swunging on the campaign trail. >> reporter: 47 to 47, the race is locked up right now, at least according to gallup. the landscape is changing quickly. both campaigns are trying to take advantage. mitt romney may have had more spring in his step yesterday as he spoke to the virginia military institute. he went after what has been president obama's strong suit in many polls, foreign policy. and he spoke